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Insolvency Service “reframes” view of creditor – IPs can apply their discretion (UK)

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6 tips to clean up your social media profile

Employers peruse social media when hiring, so get rid of all those party pictures from college.

Funds Missing From Direct Air Escrow Account

When charter-air servicer Direct Air suddenly canceled service and filed for bankruptcy earlier this month, it left many customers stranded and frustrated. But there did seem to be some good news—customers would be able to get unused ticket refunds

Can I Pay my Taxes with a Credit Card, then File Bankruptcy to Discharge the Debt?

With April 15 just around the corner, many of us will be scrambling to come up with money to pay Uncle Sam. For those who are self employed, estimated tax liability payments are due every quarter. The IRS does allow you to pay your tax debt with a

Contract Research Solutions, Inc. and Several Affiliates File for Chapter 11 Protection

On March 26, 2012, Contract Research Solutions, Inc. (“ CRS”) and several affiliates (collectively, the “ Debtors”), including its Canadian subsidiaries, filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware. The

New video discusses Chapter 13 vs. Chapter 7

Hi all, I’m posting a video that discusses the general differences between Chapter 13 and Chapter 7. This is just an overview and doesn’t constitute legal advice, but it answers one of the most commonly asked questions I get. Enjoy!

NYSE Webcast Panel Reflects on the 2012 Proxy Season

On Tuesday, I was fortunate to co-moderate a NYSE-sponsored webcast with Judy McLevey at the NYSE, as we discussed the leading proxy and governance issues for 2012 with a group of recognized experts that included Doug Chia from Johnson & Johnson

NYSE Webcast Panel Reflects on the 2012 Proxy Season

On Tuesday, I was fortunate to co-moderate a NYSE-sponsored webcast with Judy McLevey at the NYSE, as we discussed the leading proxy and governance issues for 2012 with a group of recognized experts that included Doug Chia from Johnson & Johnson

Where's Banks' Incentive to Cut Card Fraud?

For more than a decade, banks have encouraged all retailers to have their customers sign for their debit card purchases instead of entering a PIN. The signature system is far more prone to fraud.

The Seven Bad Habits of Poorly Governed Companies

Bankers should take these red flags into account when assessing corporate credit and vendor risk. No. 1 on the list: when a company's chairman and CEO are the same individual.

How does the $25 billion Mortgage Settlement affect Bankruptcy Debtors?

After extensive investigations and negotiation, 49 state attorney generals, in conjunction with the federal government, have finally reached an agreement with the five chief mortgage loan servicers in the U.S. J.P. Morgan Chase, Bank of America

Extending Deadlines and Section 108 of the Bankruptcy Code

How many times in life have we wished that we could extend adeadline? Section 108 of the Bankruptcy Code, under certain circumstances,allows us to do just that. Section 108(a) extends any statute of limitation to commencean action that the debtor

Complimentary Webcast – “Rethinking Arbitration” by Brian Vanderwoude

Ok, I know that occasionally you get tired of reading…so let’s try some listening. Meet Brian Vanderwoude who is one of Winstead’s go-to litigators. And he is adventurous enough to join us here at Lenders 360 on a topic that at first seems like an

Tax Rebates Lead to Bankruptcy Filings

Jialin Wing has a blog post up summarizing her and her co-authors very interesting NBER paper estimating that at least 30,000 to 60,000 liquidity constrained households this will be priced out of bankruptcy because of the increased costs that came

NYSE Webcast Panel Reflects on the 2012 Proxy Season

On Tuesday, I was fortunate to co-moderate a NYSE-sponsored webcast with Judy McLevey at the NYSE, as we discussed the leading proxy and governance issues for 2012 with a group of recognized experts that included Doug Chia from Johnson & Johnson

NYSE Webcast Panel Reflects on the 2012 Proxy Season

On Tuesday, I was fortunate to co-moderate a NYSE-sponsored webcast with Judy McLevey at the NYSE, as we discussed the leading proxy and governance issues for 2012 with a group of recognized experts that included Doug Chia from Johnson & Johnson

Our Final Four Chapter 11 Match-Ups

A headline we saw about this year’s NCAA Final Four pretty much sums it up for our top chapter 11 case Final Four: “No Room for Cinderella at the Final Four Ball.” Even though some underdogs nipped at the heels of our contenders, some of the most

How to Break up the Big Four Accounting Oligopoly

The federal government could prohibit contracts to corporations that use a CPA firm that fails to follow generally accepted accounting principles or lacks independence from management.

The Daily Docket: MF Global Execs Frustrate Lawmakers at Hearing

For more than two hours, three MF Global executives frustrated and stymied lawmakers in both parties who demanded answers about money transfers made in late October that left the securities firm’s customers with losses, The Wall Street Journal

Co-signer negatively impacted if I file Bankruptcy?

Someone co-signed a car for me. What are my options? You were in a bind, needed a co-signer and someone (a family member or friend) was willing to co-sign on a vehicle for you. Now you are in financial trouble and will be filing bankruptcy. The last

Motion for Relief - Behind on Mortgage Payments while in a Chapter 13

What happens if I get behind on mortgage payments while I am in a Chapter 13? You made the decision to file a bankruptcy and decided to keep you home. You file a Chapter 13 and are making your mortgage payments and your Chapter 13 plan payments as